Taipan Resources has entered an agreement with Tower Resources (Kenya) Limited, a subsidiary of AIM-listed Tower Resources plc, which outlines it will acquire a 15 per cent participating interest in Block 2B onshore Kenya
Exploration
Murphy Oil and OMV sign farm-in deal for Namibian offshore blocks
US-based Murphy Oil and Austria’s OMV have signed a farm-in agreement with Cowan Oil & Gas for a pair of blocks offshore Namibia
Kenya to offer new oil blocks by June 2014
Kenya has announced that it will offer seven new oil blocks to investors before the end of June this year in the East African country
United Hydrocarbon spuds two oil wells onshore Chad
United Hydrocarbon has annnounced that the company has successfully drilled two oil wells on its production sharing contract area DOC and DOD blocks in Chad’s Doba Basin
Pan Africa Oil Limited signs MoU with Nigerian explorer for marginal fields
Pan African Oil Limited has signed a Memorandum of Understanding (MoU) with Nigerian company Blackfire Exploration and Production Limited to jointly explore marginal fields in Nigeria